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The Future of the CFA Franc: Balancing Stability and Sovereignty in African Monetary Policy explores the complex history, current debates, and prospects of the CFA franca currency that has shaped the economic landscape of 14 African countries for over seven decades. This comprehensive analysis explores the origins of the CFA franc, its role in providing monetary stability, and the contentious issues surrounding its continued use.
Highlighting the significant reforms proposed by the Macron-Ouattara agreement of 2019, this book examines the potential for central bank digital currencies (CBDCs) and other innovative monetary policies to transform the financial systems of CFA franc countries. It discusses the need for economic diversification, regional integration, and political commitment to achieve a more independent and prosperous future.
The Future of the CFA Franc is an essential read for policymakers, economists, scholars, and anyone interested in African monetary policy. It offers valuable insights and practical solutions to balance stability with economic sovereignty, ensuring long-term growth and development.
Join the conversation on the future of African monetary policy and discover the pathways to economic independence. Purchase your copy today and be part of the journey towards a more prosperous and sovereign Africa.
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